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Annual Report

Annual Report 2019–20

Message from the Chair

I am pleased to present the Tax Practitioners Board Annual Report 2019–20, as tabled in Parliament on 16 October 2020.

During the difficult circumstances of this year, including extreme bushfire and pandemic challenges, the TPB has continued to provide strong support for tax practitioners as they assist their clients and the community.

At the same time, the TPB has increased its efforts to protect the consumers of tax practitioner services by remaining vigilant in identifying those who seek to abuse the system.

Over 2,400 investigations were conducted during the year, resulting in the termination of the registrations of 170 tax practitioners for serious breaches of the Code of Professional Conduct.

Currently, 70% of individual Australians and 95% of businesses engage a tax practitioner to assist them with their tax affairs and the majority of consumers report a high level of trust and satisfaction with their services.

This year’s report highlights the work the TPB has done in 2019–20 to ensure that all registered tax practitioners continue to provide quality services to the millions of Australians who rely on them for ethical and informed advice.   

Ian Klug AM
Chair
Tax Practitioners Board
 

TPB Annual Report 2019–20

The annual report is available in Portable Document Format (PDF, 2.7MB)


Last modified: 16 October 2020